$97,000
0.21 Acres
Land
Listing Office: Pursuit of Happiness Realty
Is South Fallsburg, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, South Fallsburg was a Seller's Market.
Key Takeaway
South Fallsburg is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in South Fallsburg, NY
How much do homes in South Fallsburg, NY cost?
Median Sold Price
$300,000
$175/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$35,000(+13.2%)
Key Takeaway
Homes in South Fallsburg have sold for 13.2% more than they did a year ago.
Summary: The median home sold price in South Fallsburg was $300,000 in October 2024, up 13.2% from last year, and the median price per square foot was $175.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $180.5K | $151.5K | -16.1% |
| 3 Bedrooms | $293K | $300K | +2.4% |
| 4 Bedrooms | $277.5K | $311K | +12.1% |
| 5+ Bedrooms | $270K | - | N/A |
Summary: South Fallsburg housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 16.1%, 3 bedroom homes increased by 2.4%, 4 bedroom homes increased by 12.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Kiamesha Lake | $153.5K | $175K | +14.0% |
| South Fallsburg | $265K | $300K | +13.2% |
| Fallsburg | $250K | $267.5K | +7.0% |
Housing Supply in South Fallsburg, NY
How many homes are available in South Fallsburg, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 7 | -12.5% |
Summary: The South Fallsburg real estate market had 7 homes for sale in October 2024, a 12.5% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 3 | 2 | -33.3% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The South Fallsburg housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in South Fallsburg, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in South Fallsburg in October 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for South Fallsburg, NY
How long does it take to sell a home in South Fallsburg, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 150 Days | 54 Days | -64.0% |
Summary: Homes in South Fallsburg had an average of 54 days on market in Oct 2024, down by 64% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in South Fallsburg has remained consistent over time.
Summary: During October 2024, 1 homes were sold in South Fallsburg; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.